- GST regime in India facing challenges despite being proposed as a Good and Simple Tax
- Multiplicity of tax slabs causing confusion and complexity
- Compliance burden increased for businesses, especially SMEs
- Delayed ITC refunds and penalties for belated filings creating financial pressure
- Ambiguity in anti-profiteering leading to challenges in compliance
- Technical glitches in GST portal hindering efficiency and reliability of the system
Source: taxscan.in
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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